Rimouski, Quebec--(Newsfile Corp. - December 24, 2025) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) ("Puma" or the "Company") reports that it has closed its private placement with Kinross Gold Corporation ("Kinross") as announced yesterday (see December 23, 2025 News Release). Kinross exercised its right, granted under the investor rights agreement ("IRA") dated October 23, 2024, to increase its ownership stake in Puma's share capital from 9.1% to 14.8% (on an undiluted basis) and 17.4% (on a partia ...